Boston Residential Property Tax Exemption

About This Program

Every Boston homeowner who occupies their property as their principal residence as of January 1, 2025 is eligible for the Residential Exemption, which reduces the taxable assessed value by approximately $4,354 for FY2026. There is no income limit — any owner-occupant qualifies. The exemption effectively reduces annual property taxes by several hundred dollars depending on the tax rate.

No income limit. Reduces assessed value by ~$4,354 (FY2026 figure). Annual tax savings vary by assessed value and tax rate (~$400–600/yr for typical Boston home).

Key Details

• No income limit — any Boston owner-occupant qualifies
• Reduces taxable assessed value by ~$4,354 for FY2026
• Must occupy the property as your principal residence as of January 1, 2025
• Apply by April 1, 2026 through the Assessing Department
• Call 617-635-4287 or visit boston.gov/assessing

How to Apply

Deadline: Apply by April 1, 2026 for FY2026